Volvere (LON:VLE) Announces Earnings Results

Volvere (LON:VLE) released its earnings results on Friday. The company reported GBX 188.89 earnings per share for the quarter, Digital Look Earnings reports. The firm had revenue of GBX 5,270 million during the quarter. Volvere had a net margin of 8.46% and a return on equity of 10.95%.

Volvere Stock Performance

Shares of LON VLE traded down GBX 40 during mid-day trading on Friday, hitting GBX 2,600. The company had a trading volume of 137,920 shares, compared to its average volume of 3,631. The company has a debt-to-equity ratio of 2.49, a current ratio of 6.26 and a quick ratio of 5.49. The business’s 50-day simple moving average is GBX 2,610.26 and its 200-day simple moving average is GBX 2,545.24. Volvere has a 12 month low of GBX 1,924 and a 12 month high of GBX 2,800. The firm has a market cap of £57.20 million, a P/E ratio of 13.47 and a beta of 0.60.

About Volvere

Volvere plc is a private equity and venture capital firm specializing in distressed/vulture, growth capital, acquisitions, emerging growth and turnaround investments. The firm prefers to invest in companies that are in distress and prefers undervalued or under-performing assets. The firm invests in the security solutions, food manufacturing. It invests across the world. The firm prefers companies that fit strategically with an existing portfolio investment. It prefers to invest up to $20 million in equity per transaction and minimum target sales value of $10 million.